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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
In case of inflation Bank rate.
Choose an answer
Constant
Decreases
Increases
None of these
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Question # 2
Quaid -e- Azam opened his bank account in.
Choose an answer
1940
1945
1957
1987
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Question # 3
The kind of loan according to issue
Choose an answer
Cash credit
Discounting of bill
Mortgage loan
All of the above
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Question # 4
The market in which funds are borrowed of lent for a period of over one year.
Choose an answer
Money market
Capital market
Open market
None of these
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Question # 5
Which bank was formed under the royal order
Choose an answer
Bank of Venice
State Bank of Pakistan
Bank of Barsolona
Chartered bank of England
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Question # 6
The term foreign exchange includes
Choose an answer
Bank draft
Letter of credit
Foreign B/E
All the above
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Question # 7
Quaid -e-Azam opened his bank account in.
Choose an answer
ABL
MCB
HBL
NBP
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Question # 8
Institutions of money market in Pakistan.
Choose an answer
Central Bank
Commercial Bank
Specialized institutions
All of these
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Question # 9
The first Pakitan Note es were issued in the denomination of.
Choose an answer
Rs. 5
Rs. 10
Rs.100
All of these
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Question # 10
Decrease in the value of home currency as compare to foreign currency.
Choose an answer
Inflation
Devalution
Deflation
All these
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Question # 11
Central Bank provide the facility to Scheduled Banks.
Choose an answer
Rediscounting Bills
Clearing House
Transfer of Money
All the above
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Question # 12
Short term monetary assets are also called as.
Choose an answer
Marketbale debt securities.
Near money
Short term monetary assets
All these
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Question # 13
Where is the head office of IDBP:
Choose an answer
Lahore
Faisalabad
Islamabad
Karachi
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Question # 14
The bank that makes payment to the exporter after receiving L.C. is called.
Choose an answer
Advising bank
Informatory bank
Paying bank
All of these
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Question # 15
Process of credit creation by
Choose an answer
Central bank
Commercial banks
Both of these
None of these
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Question # 16
Which instrument is not dealt at stock exchange
Choose an answer
Shares
Debentures
Both a and b
Bills of exchange
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